: Goldman Sachs in talks to settle class-action female discrimination lawsuit: WSJ
Goldman Sachs Group Inc. GS has held talks to settle a class-action lawsuit brought by female employees who allege that the bank promoted male counterparts more and paid women less, The Wall Street Journal reported. Citing people familiar with the situation, the newspaper reported Wednesday that the settlement amount under discussion would be around $200 million, but the number could change as a June trial date looms in the Southern District of New York court. The plaintiffs in the case include about 1,000 current and ex-employees at Goldman Sachs, which reported a head count of 45,500 people of March 31. The lawsuit was initially filed in 2010 and includes women who started working for the firm as early as 2002.
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